'There are 'suspicions' that [Gazprom] has prevented alternative sources of natural gas from and into European countries, applying inappropriate practices, exploiting its position as the dominant supplier of natural gas to Europe.'It took time but it eventually happened…
With massive investment and aggressive technology development required to match world energy demand in coming decades, South America’s ‘southern cone’ will have a big role to play. Russell McCulley reports from Rio de Janeiro.Thanks in large part to Brazil’s pre-salt discoveries…
New and expanding regulations governing the growing number of ageing offshore oilfields are pushing the industry to develop safe, innovative and fit-for-purpose technologies for well plug and abandonment (P&A) operations and late-stage interventions…
Recruiting and retaining skills remains one of the industrys biggest talking points. In this OE two-parter examining the issue from differing offshore sector perspectives, operator BP's Simon Drysdale discusses the need for continual nurturing of existing talent…
The traditionally risk-averse offshore oil & gas industry has long relied on not just following regulations set out by governments but also requirements outlined by classification societies to ensure their operations are safe. As water depths…
Anadarko Petroleum has taken on a challenging project with the Prosperidade development in Mozambique. But the company plans to draw on lessons from its involvement in Ghanas Jubilee field development to unlock Mozambiques huge gas resources…
A prediction of an oil price slump in less than a decade prompts Andrew McBarnet to onder on the prevailing wind currently favouring the marine seismic business.Possibly the most provocative oil industry analysis to surface in the last few months emanates from the portals of academia…
A new method of installing wind turbine generators in a single lift is being promoted among potential clients and turbine manufacturers by Seaway Heavy Lifting. The contractor is hoping to conduct a full-scale test next season using its new DP monohull…
The extreme shortage of skilled personnel in the oil & gas industry is arguably the industry's biggest challenge today. Technical solutions may have changed but new challenges remain, particularly in the specialist area of subsea engineering…
Overall, total capital investment on developing UK oil & gas reserves rose by 40% to £8.5 billion in 2011, according to Oil & Gas UK's 2012 Economic Report. Confirmation in the 2012 UK Budget of measures to promote activity in a targeted way…
Mexico's latest licensing round only the second in state oil company Pemex's long history, made possible by recent exploration & production contract reforms failed to draw a successful bid for the offshore blocks on offer. Russell McCulley talks to Juan Carlos Zepeda Molina…
Statoil may not have the biggest R&D budget, but company officials say the operator's technological track record on the Norwegian continental shelf will help it push recovery rates to new highs and create the first subsea factory, including seafloor separation…
At a recent Bergen conference showcasing the strength in depth of Norway's subsea industry, Statoil EVP Øystein Michelsen challenged delegates to work with his company in developing the technology to go further, deeper and colder and seize the…
Open markets can be a powerful ally for a world seeking to manage short-term disruptions to energy supply and meet long-term demand, BP group chief executive Bob Dudley declared at the June launch of the BP Statistical Review of World Energy…
The US oil & gas industry grew across several categories in 2011, including a 38% increase in exploration and development spending, according to new analysis from Ernst & Young. Russell McCulley reports.While total capital expenditures among…